SFA boss: everyone should be a winner

The head of the Skills Funding Agency has pledged to overhaul FE's funding system after admitting it is too complicated and leads to a "postcode lottery" of resources.

Peter Lauener, who leads the SFA and the Education Funding Agency (EFA), said that one of his top priorities was to introduce a national funding formula to simplify the sector's finances - a total of about pound;7 billion a year in government funding.